Ethan Lindberg Foundation Inc
- Assets
- $243.6k
- Revenue
- $205.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Caledonia, IL
- Founding
- 02/2015
- Data as of
- 12/2021
- EIN
- 47-2373117
Organization Overview
Ethan Lindberg Foundation Inc is located in Caledonia, IL. The organization was established in 2015. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), under the broad grouping of Health Care and related organizations. As of 12/2021, Ethan Lindberg Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ethan Lindberg Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Ethan Lindberg Foundation Inc generated $205.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $191.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ethan Lindberg Foundation Inc has awarded 13 individual grants totaling $227,868. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO OFFER PRACTICAL AND FINANCIAL SUPPORT TO FAMILIES, ADVOCATE FOR THEM TO COLLABORATE AND INNOVATE TOGETHER WITH THEIR MEDICAL TEAM TO CREATE HEALTH AND JOY-FILLED FUTURES FOR THEIR CHILDREN WITH CONGENITAL HEART DISEASE
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY GRANTS: PRACTICAL FAMILY SUPPORT PROVIDES FAMILY GRANTS TO FAMILIES FOR CARDIAC CARE WITH FREQUENT AND LONG TERM HOSPITAL STAYS AT BOSTON CHILDREN'S HOSPITAL. IN FISCAL YEAR 2021, 20 FAMILIES RECEIVED DIRECT FAMILY GRANTS.
JOY THROUGH MUSIC: THE FOUNDATION FINANCIALLY SUPPORTS MUSIC THERAPY AT BOSTON CHILDREN'S HOSPITAL FOR INPATIENT CHILDREN STAYING AT THE HEART CENTER.
MOTHERS' RETREAT: THE FOUNDATION PROVIDES A MOTHERS RETREAT FOR MOTHERS WHOSE CHILDREN HAVE DIED FROM CONGENITAL HEART DISEASE OR OTHER CHRONIC ILLNESS. THE MOTHERS' RETREAT WAS NOT HELD IN FISCAL YEAR 2021.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Lindberg President / | OfficerTrustee | 4 | $73,875 |
Robert Fredrickson Director / T | OfficerTrustee | 2 | $0 |
Dr Sitaram Emani Director | Trustee | 2 | $0 |
Dr Audrey Marshall Director / V | Trustee | 2 | $0 |
Erik Lindberg Director / S | Trustee | 2 | $0 |
Bradford Page Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $93,231 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $107,493 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $200,724 |
| Total Program Service Revenue | $0 |
| Investment income | $556 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$5,274 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $9,251 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $205,257 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,250 |
| Grants and other assistance to domestic individuals. | $26,225 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $73,875 |
| Compensation of current officers, directors, key employees. | $7,387 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,567 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,350 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,000 |
| Fees for services: Accounting | $18,023 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,088 |
| Advertising and promotion | $10,973 |
| Office expenses | $5,751 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,330 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,493 |
| All other expenses | $4,681 |
| Total functional expenses | $190,998 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $221,098 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $17,701 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,773 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $243,572 |
| Accounts payable and accrued expenses | $1,861 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,861 |
| Net assets without donor restrictions | $241,711 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $243,572 |
Grants Awarded
Over the last fiscal year, Ethan Lindberg Foundation Inc has awarded $15,729 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Boston, MA PURPOSE: MUSIC THERAPY | $8,500 |
Boston, MA PURPOSE: PATIENT REGISTRY PRO | $7,229 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ethan Lindberg Foundation Inc has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Deer Valley Foundation Kirtland, OH PURPOSE: DONATION | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Union Health Service Inc Chicago, IL | $42,170,759 | $88,933,727 |
Samaritan Ministries International Peoria, IL | $57,762,652 | $49,461,493 |
Quartz Health Plan Mn Corporation Madison, WI | $12,772,052 | $31,014,352 |
Delta Dental Plans Association Oak Brook, IL | $18,113,714 | $30,001,197 |
Ahs Midwest Management Inc Bolingbrook, IL | $1,065,226 | $4,831,661 |
Oeu-965 Health Benefit Plan Springfield, IL | $22,470,499 | $12,801,499 |
Indiana Comprehensive Health Insurance Assoc Indianapolis, IN | $0 | $0 |
Iowa Life And Health Insurance Guaranty Association Des Moines, IA | $11,629,327 | $10,389,227 |
Union Sponsored Health Benefits Tr Milwaukee, WI | $0 | $311 |
Iowa Prescription Drug Corporation Grimes, IA | $1,322,646 | $8,932,847 |
Truman Medical Center Professional And General Liability Self-Ins Tr Kansas City, MO | $25,601,158 | $4,849,990 |
Missouri Health Connection Columbia, MO | $3,938,153 | $4,470,811 |